If you are interested in pursuing a career in the business world, you might have heard of a Bachelor of Commerce (BCom) degree. Many students in the country choose the commerce stream at their 10+2 level just so they can have a set of skills that’ll be useful for this course. What makes this course that important and popular for students who aspire to study in the best BCom colleges in Tamilnadu, you might be wondering?
Today, we will answer these questions and help you decide if a BCom degree suits you. So read on to know all about the benefits of a BCom by the end of this blog.
What is a BCom Degree?
A BCom degree is a three-year undergraduate degree course that covers various aspects of commerce, such as accounting, finance, management, taxation, banking, marketing and economics. It is recognized by the University Grants Commission (UGC) of India and offered by many colleges and universities across the country (including Arts and Science colleges in Coimbatore).
Some of the best universities in the country offer this course – and in various formats and modes too. What do we mean by formats? Well, depending on the way the course is structured Bcom courses can be grouped into 4 types:
- BCom (General)
- BCom (Honours)
- BCom (Professional)
- BCom (Vocational)
For example, the Bcom courses SMS College of Arts and Science offers, all fall in the latter 3 categories. For more information on Bcom degree courses in general, refer to the table below.
| Course Name | BCom (Bachelor of Commerce) |
| Level | Undergraduate |
| Mode | Full-time, Online, Part-time, Correspondence |
| Duration | 3 years (for full-time courses) |
| Mode of Examination | Semester System |
| Eligibility Criteria | 10+2 from a recognized board with at least 50% marks (preferably from the commerce stream) |
| Common Entrance Exams | IPU CET, CUET, Christ University Entrance Test, DUET, etc. |
| Average Fees | INR 3K – 60K |
| Average Starting Salary | INR 2 LPA |
| Average Salary | INR 4 LPA |
| Top Recruiters | Amazon, Unacademy, HCL, TCS, Byju’s, Flipkart, Wipro, Reliance Group, etc. |
Common Subjects in A Bcom Degree
To get a better idea of how studying a BCom at one of the best BCom colleges in Tamilnadu might look for you irrespective of the specialization you choose, take a look at the curriculum. There will be some common subjects that are present in most Bcom specializations offered. Some of the popular subjects that are taught in a BCom degree are:
- Financial Accounting
- Business Law
- Business Mathematics
- Business Statistics
- Business Economics
- Business Communication
- Business Management
- Marketing Management
- Financial Management
- Cost Accounting
- Auditing
- Taxation
- Banking
- International Business
What are the Benefits of a BCom Degree?
The best colleges for BCom in Tamilnadu and the rest of India, offer so many benefits that it is kind of impossible to mention them all in a blog. Overall, we can summarise and say that there is no bad reason to pursue a Bcom while mentioning a few of those benefits that stood out to us.
A BCom Upskills You
A degree from one of the best Bcom colleges in Tamilnadu can help you acquire a strong foundation of commerce and business concepts and principles that are essential for any career in this field. It upskills your analytical, problem-solving, communication, decision-making and leadership skills that are valued by employers.
Additionally, colleges like SMS CAS ensure that you gain exposure to the global business environment and trends through various projects, internships, seminars and workshops when you enrol in their Bcom courses.
Offers you a Skillset to Pursue Higher Education Opportunities
Opting to get a Bcom degree from one of the many Bcom colleges in Tamilnadu or other parts of India can help you pursue higher education in commerce or related fields. The subjects taught in the course lay down the foundation for much harder certifications and postgraduate courses like the following, which increase your chances of starting your career with INR 10+ LPA packages too:
- MCom: A two-year postgraduate degree that offers advanced knowledge and specialization in various subjects of commerce, such as accounting, finance, economics, management, etc.
- MBA: A two-year postgraduate degree that offers comprehensive knowledge and skills in various domains of business administration, such as marketing, finance, human resources, operations, etc.
- CA: A professional course that trains and certifies individuals to become chartered accountants who can provide accounting, auditing, taxation and financial advisory services to individuals or organizations.
- CS: A professional course that trains and certifies individuals to become company secretaries who can handle the legal, regulatory and compliance matters of a company or organization.
- CMA: A professional course that trains and certifies individuals to become cost and management accountants who can measure, analyze and report the costs and performance of various products, services and activities of a company or organization.
Additionally, you can even apply for these certification courses while getting your Bcom degree from the best Bcom colleges in Tamilnadu, or elsewhere.
Great Careers
Bcom graduates from the best arts and science colleges in Coimbatore and other parts of India also get to experience smooth careers, as their financial and business skills make them invaluable to companies in most sectors. Some of these sectors include:
- Marketing Industry
- Policy Planning
- Investment Industry
- Educational Institutions
- Government and Private Banks
- Industrial and Manufacturing Houses
- Budget Planning
Here are some of the job roles graduates of the best Bcom colleges in Tamilnadu often opt for:
| Job Profile | Average Salary |
| Chartered Accountant | INR 6.7 LPA |
| Company Secretary | INR 6 LPA |
| Tax Consultant | INR 4.1 LPA |
| Insurance Consultant | INR 2.2 LPA |
| Account Executive | INR 2.8 LPA |
| Bank Manager | INR 7 LPA |
| Financial Analyst | INR 4.8 LPA |
| Auditor | INR 4.2 LPA |
Why Study at the Best Bcom Colleges in Tamilnadu?
A BCom degree is a versatile and valuable degree that can open up many opportunities for you in the business world. It can help you gain knowledge, skills and experience that can make you stand out in the competitive job market. Getting a Bcom degree from one of the best Bcom colleges in Tamilnadu can also help you pursue higher education or professional courses that can enhance your career prospects.
If you are passionate about commerce and want to make a difference in this field (or just open your own business), then a BCom degree might be the perfect choice for you.
FAQs
1. What is taught in Business Statistics in a Bcom course?
Business Statistics in a Bcom course teaches you how to collect, organize, analyze and interpret data for business purposes and use statistical methods to draw conclusions and predictions.
2. What Bcom specialisations are available at SMS CAS?
Cheran SMS CAS offers four Bcom specialisations, namely, BCom in Finance, Professional Accounting, Computer Applications, and Information Technology.
3. What is a Financial Analyst?
A financial analyst is a professional who analyses the financial data, performance and prospects of a company or organization for the industry or market.
4. Does the government sector pay more to Bcom graduates?
No. Government sector organizations like DRDO, SAIL, and NTPC can offer packages as high as 4-8 LPA to Bcom freshers.
